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fitsity still. there's no legislative language. it looks like what could be a pretty big tax increase. the spending cuts i think are highly uncertain. it instructs the various committees of the senate and the house to come up with these spending cuts. we have no assurance that they will do that. we have no idea how they'll do that. then we asked the senate to vote on that. all of which suggests to me there are a number of ways in which this could fall apart. i give these guys all the credit in the world for really struggling and trying to make some progress on a tough issue. there's no assurance that it results in an outcome. if we can't agree on spending cuts now, why should we suppose at the end of this process which after all has been available to us for two years the senate won't even pass a budget, why we think that this will result in real spending cuts is not clear to me. >> the other dynamic here is the mcconnell-reid proposal. that is going to get to the floor at some point. now the idea of being that the gang of six proposal is too late to be scored by cbo to really be put i
're still fighting that fight? >> look, the big grand bargain is still on the table. that deal is there if the speaker wants to return to the table and negotiate it. we came very close. the president and the speaker did. and that opportunity still exists. secondly, the helpful proposal senator reid put out does not include up front the tough issues of entitlement reform or tax reform, it creates a committee that would look at those issues on a fast-track basis by the end of the year. that's not possible, we prefer one that does it all at once. however this turns out if we don't get the tough issues addressed because they're essential to address the deficits and long-term debt we're going to return to the debate. because the public supports a balanced approach. it's not the right way to do this if we don't ask sacrifice from everybody. not just one sector or a limited number of sectors from the society. >> let's listen to what the president said last night, to voice support for a bipartisan deal. let's listen. >> the american people may have voted for divided government, but the
>>> good thursday, everybody. i'm contessa brewer covering the big news coast to coast. we begin with breaking news out of texas, where authorities have arrested an army private assigned to fort campbell, kentucky. officials found bomb-making materials in his hotel room. that arrest came after someone reportedly overheard the private threatening to stage an attack on the army post at fort hood. fort hood was the scene of a deadly shooting attack in november 2009. major nadal hassan is accused of killing 13 people and wounding dozens of others. pete williams has the latest from washington now. pete, what do you know about this arrest of the private? >> reporter: right. well, good afternoon. you saw killeen, texas on that map. that's where he was arrested. he's a private first class assigned to fort campbell, but arrested in texas yesterday and according to law enforcement officials, what happened is he went into a gun store in killeen, texas and was asking questions that the gun store owner thought was suspicious. he was also buying smokeless powder which can be used for a variety
. you have a big group of new freshman republican members in the house. they are not budging. they're not listening to just about anybody. it's -- they're going on what they believe is a mandate with this big tea party election in 2010 and they haven't really budged. you're seeing business leaders on wall street saying do something, do anything. this group of freshman republicans aren't really budging. will it have been an impact heez emails and phone calls, who knows. it may mean that house republican leaders have to shift away from what these small group of freshman republicans want. we'll see if it has an impact or not. there's not a whole lot of time left. >> indeed. thank you so much. we will be talking with nbc's chuck todd in a few minutes. >>> the first tropical system of the year has fizzled out. tropical storm don has weakened into a tropical depression. the storm made landfall along corpus christie. it brought little relief to the record breaking heat in the lone star state. here's with your saturday forecast bill karins. good saturday morning to you, bill. >> all the hy
will be here on set with us. >> this is big. >> huge. >> willie, who is going to be number one? are we looking at oklahoma? alabama? >> could be a tie situation. i have to say. we should point out vanderbilt got a great recruiting class. >> they did have a great recruiting class. >> they did. >> my understanding is the average s.a.t. just above 1300. unprecedented. for a co--ed football team. [ male announcer ] get ready for the left lane. the volkswagen autobahn for all event is back. right now, get a great deal on new volkswagen models, including the jetta, awarded a top safety pick by the iihs. that's the power of german engineering. hurry in and lease the jetta s for just $179 a month. ♪ visit vwdealer.com today. but when she got asthma, all i could do was worry ! specialists, lots of doctors, lots of advice... and my hands were full. i couldn't sort through it all. with unitedhealthcare, it's different. we have access to great specialists, and our pediatrician gets all the information. everyone works as a team. and i only need to talk to one person about her care. we're more than 78,000
the two minnesotans continues. tim pawlenty went after michele bachmann. >> there's a big difference in talking about things and getting them done. >> this is the third day in a row where we have seen tim pawlenty heat up in his rhetoric against michele bachmann. it's clearly trying to set up the two of them as they go mono on mono for this straw poll. what is interesting, there was a republican debate before the straw poll that takes place in iowa. so instead of everyone going after mitt romney, it's clear that there's going to be a little mini debate going on. all of that in the shadow of what is going on with rick perry and chris christie showing up. lots to go through. we're going to get to that later in the show. let's get to the big story. there's one week left to raise the debt ceiling. two sides feel like they are farther apart than ever. serving on the budget committee, senator, let's start with what is on the table. can you support harry reid's plan as it stands right now in the united states senate? >> no. but i don't think that we're that far apart, chuck. if you take the
is anything more than a big wet kiss to the right wing, and -- and i mean the tea party. that's who i mean. it's too bad his caucus is being run by such a small number of people. >> what will happen between this very moment and a potential vote tomorrow is anyone's guess in the town that is washington, d.c. amid all the bickering and tinkering, the nation is just six days away from a first ever general default, and the treasury reiterating in a statement moments ago there is no guarantee the government can meet all its obligations after an august 2nd deadline, so what are the remaining options for our dysfunctional government? nbc's kristen welker is at the white house and let's also bring in luke russert on capitol hill. kristen, we know both sides are crafting their budget deals, both trying to take the high road, but are there any signs that the differences between the two sides are narrowing, and does it seem as though they may conflate these two plans? >> reporter: well, at this point we don't have any indication that they are going to conflate the two plans. we should say there are, of c
, people of the big banks were summoned to the meeting at a federal reserve bank here in new york and cnbc's bertha coombs has details for us. >> investors who buy u.s. treasuries buy them through banks, and this morning the treasury asked those bankers and dealers who help to sell the treasuries to investors to come in and talk about the situation as the debt ceiling limit looms. it was a regularly scheduled meeting, because on wednesday is normally the day that the treasury would announce the next action of debt, but obviously, that comes after the deadline. from bankers we talked to and senior treasury officials, they didn't really outline any contingency plans about what would happen if the debt ceiling deadline is not extended. a number of bankers have told me they anticipate what would happen is that those debt auctions would likely be postponed. we saw it happen back in 1995 when the government was shutdown. it was postponed for several weeks in terms of the auction, because essentially, if the government doesn't have the authority to increase that, then the treasury can't issue mor
anywhere between 80 to 100 members who are saying no. the road to 216 really becomes a big story if this is the deal. >> luke russert, thank you for telling it like it is. >> take care. >> for more on where the debt debate stands, check out the white house with david plouffe. it will reair on "meet the press" on 2:00 p.m. right here. >>> the chairman of the joint chiefs of staff admiral mike mullen told soldiers in kandahar if talks fail they still have to fight but might not get paid. >> plenty of you live paycheck to paycheck if paychecks stop, it can have a devastating impact pretty quickly. >> and then there at camp leather neck, mullen told marines, all services face cutbacks in size and possibly as well in military benefits. >>> as you heard from nbc's luke russert, the reaction is mixed on capitol hill to reports on the white house that the gop has reach aid deal. with signs of dissent on the left and right in the house of representatives. joining me now is eddie berniece from texas. good morning. where do you stand on things this morning? what are you hearing overall? >>
is it shows that the united states system is not set up to do big things. when a crisis like this comes up they cannot do a deal that would show stability to the world. >> ronald reagan and tip o'neal made big deals. in the 1990s, bill clinton and the republican congress made big deals. and mika, it's not over yet, but it has gotten to the point already that this is damaging the reputation of the united states the longer it goes, and i think we're talking about it damaging our reputation more every day that the crisis goes on. >> i think both sides would agree with that. after a weekend of meetings resulting in yet another impasse, president obama is canceling two fundraisers today to continue negotiations. senate majority leader harry reid said the talks broke down last night because of the republicans insistence on a short-term deal, and their plan would cut $2.7 trillion over the next ten years. officials say it raises the debt ceiling but no tax increases. and he salaid out his latest solution. >> there will be a two-stage possible. it's not physically possible to do this in one step.
some big structural changes to how things work. giving them credit for that. what they say really derailed this is when the gang of six came back. that group of bipartisan senators working for months on their own deal. they were considered to be own the side lines. they burst back on the scene tuesday with a package that differs from what the white house and speaker boehner had been talking bp gop aids say then the white house pulled back. and began to change its demands and change what it wanted. so speaker boehner is saying yes, the white house was willing to change the tax code but then came back and wanted to do things that would have left the possibility for cuts in some of the spending. but not the kind of package that they had talked about. basically it gets complicated. i won't go into all of the weeds but they walked us through many steps of where they say the white house pull pulled back app at that point they felt they had nowhere to go. for example they talked about having a change in the tax code cho would lower rates. after the gang of six they said the wlous no long
with a balanced budget amendment. and it's going to be a big question mark as to how long mitch mcconnell will stay on that position and whether or not harry reid tables the boehner bill later today or tomorrow. there is no clear consensus on capitol hill over what they will do in order to raise the debt limit. there are ongoing negotiations between staffs, between mcconnell, reid, boehner all talking to some degree in unison. right now the gop wants to pursue the boehner plan which is a dead end in the united states senate. they're confident it's going to pass today. the rules committee meets at 12:50. john boehner said he was smiling as he left the meeting with his fellow members today, contessa. >> mike, let's go to you. we just found out from president obama's twitter page that he's even reiterating his request again for america people to call their lawmakers to demand a solution. the time for putting party first is over. if you want to see a bipartisan compromise let congress know. call, email, tweet and then he signs it barack obama. what's the white house hoping to accomplish by as
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the spending part is a real big issue for a lot of american people. >> isn't it also the issue revenue, michael, they're not just talking about spending. they were talking about revenue when reid said, okay, fine, to the chagrin of some of es, said i'll take revenue off the table. >> what does that tell you, reverend? then you say no, we don't want to do that. >> but what does that tell you? the president has been all over the place without a plan since the beginning of is the year. the fact of the matter is at one point he wanted a clean debt bill, then was willing to accept one. at one point think say we want taxes, and then reid puts out a plan that, yeah, we'll do that. the only consistent argument that has been made is made by republicans saying no to the spending. >> no if it's reid, no if it's boehner, i mean -- >> where it gets back to the plan -- he'll sign it. >> michael, i don't understand how, in the face of the data of the american people is it that the republicans are tone-deaf or just don't care? >> i don't know. >> i don't know what kind of constitution these house republicans b
'm a little bit of a restaurant of history. and there are a lot of real big things that have been gone in this country by executive order. president truman up until this point my favorite president of all times. integrated the armed services by executive order. couldn't get the congress to do it. there seemed to be little support for it my hometown senator left the democratic party buzz he did it and ran for president as a states rider. but the president did it. it was a bold move and as far as i can tell people like colin powell are very thankful that president truman did what he did. >> in the current case let me ask you about the whip count you were the whip and still a great vote counter are you and steny hoyer and nancy pelosi going to give john boehner an exit strategy with some democrat votes since it's clear he doesn't have enough votes just relying on republicans? >> if he were to come to the floor with a bipartisan bill, i think he would get bipartisan support. right now he's running this on his own within his own caucus. he is not involving nancy pelosi or steny hoyer or you
way to do this, traditional way to do this to where we are now which is how big a deficit reduction package should accompany it. >> well, i think as the speaker of the house is discovering tonight, it is the reality we all live with here in washington, lawrence, which is this is a divided government, a two-party system. nobody gets entirely what he or she wants, and yes, if we had been doing this in the normal way as has been historically done, there would have been a clean debt ceiling vote, which has traditionally been unpleasant vote often for members of congress, but routine, noncontroversial, and certainly not tied to any deficit reduction package or any other measure for that matter. what happens is the speaker of the house made clear and republicans in general that they were linking the willingness to raise the debt ceiling to significant deficit reduction. as you know for a long time, we rejected the link, but because we believe we need to reduce our deficit and get our debt under control. we also worked concurrently as we moved through the spring and into the summer on prop
the bigger the government, the smaller the people. and right now, we've got a government so big and so expensive it's sapping the drive out of our people. and keeping our economy from running at full capacity. the solution to this crisis is not complicated. if you're spending more money than you're taking in, you need to spend less of it. >> the speaker also accused president obama of standing in the way of a bipartisan agreement. reiterating his claim that the house plan is the best option to cut the deficit. >> before we even pass the bill in the house, the president said he would veto it. i want you to know i made a sincere effort to work with the president. to identify a path forward that would implement the principles of cut, cap and balance, in a manner that could secure bipartisan support and be signed into law. and i'll tell you, gave it my all. unfortunately, the president would not take yes for an answer. even when we thought we might be close to an agreement, the president's demands changed. >> and the speaker called the plan put forth wi majority leader, harry reid, quote f
connell and president obama needs to figure something out over the weekend. >> yeah. you know, luke, the big difference between the house gop plan and the senate democrat plan is that this balanced budget amendment, that's what the gop wants. beyond that, though, both plans seem to call for spending caps for special committees to find more deficit cuts. they almost seem similar, though, when i posed that to chuck todd, he was, like, yeah, but there are very important big points, and they're far apart on those. do you agree with that? it's one of those things which if you had approached this to a republican last year, they would have signed it in two seconds. the top leadership aides will admit that. to talk about the reid deal. what you see the similarities is trillion dollars in spending, spending caps. the two significant differences, though, are this. it's the balanced budget amendment that was added specifically because the tea party freshmen in the house wanted it in there, and on top of that, democrats do not want to go play for this process again in about six or sech months. they want this to go
big things done, we can -- washington can still get big things done. this is about continuing to have a strong economy and continuing to compromise and take maybe a couple chapters out of tip o'neil, bob michael, ronald reagan, president clinton, people that have served in this town with distinction and gotten big things done through compromise. >> jay? >> some house republicans said that they've already compromised and that's what the boehner bill is, it is a compromise. >> well, i'm going to let jay -- >> oh, come on! >> i'm going to let jay do his job here. i'm not here to take his job. i'm here to try and put forth a message that in one of the highest unemployment sectors in the country, where we have friends and neighbors all over the country that are out of work during the construction season, they ought to go back to work. they shouldn't be held hostage. these projects shouldn't be held hostage, and we have 4,000 faa employees through no -- hardworking people that come to work every day and do their jobs. >> can you explain what the bottleneck is on the faa bill, from your pers
conducting it. >> nbc's luke russert is on capitol hill, where this is really moving very quickly. two big developments on both the house and the senate side. let's start at thb[at house, because we heard all these reports about members of the tea party coming out last night looking like they'd been pretty battered and most of them making the decision that they would not vote for the boehner bill. so, what's going on in the speaker's office this morning? >> reporter: as we speak now, chris, speaker john boehner and the rest of the gop leadership are meeting with the house republican conference over in the basement of the capitol, expected to be a very spirited meeting. the last three have been, trying to rally support, trying to garner support for this bill. obviously there wasn't enough of it last night, but from a gop aides that i've spoken to over the last few hours, we really expect this to be the full-on press thing, if we cannot pass this bill out of the united states house of representatives with only republican support, we lose all our leverage. we have no seat at the bargaining t
its act together? >> undoubtedly washington is broken. the big problem, though, is that you have two sides who are still way, way far apart, and the clock is sticking. i mean, we have to have an agreement by tuesday, or interest rates not only for the federal government, but really for average people with regard to auto loans, variable rather mortgages, everything else, start going up. the possibility, thomas, is those interest rates could go up very, very dramatically. that will bring the economy to a screeching halt. that would mean that the jobs crisis we have right now would become even larger. nobody wants that, or at least they say they don't want that, but after listening to a lot of the pontifications last night, i'm not sure. >> this is a clip from the president's address last evening, describing what government is like. take a listen. >> we can't allow the american people to become collateral damage to washington's political warfare. the american people may have voted for divided government, but they didn't vote for a dysfunctional government. >> certainly most of us think
couple of days. here is the heat. this is the big story. high pressure continuing, it's been locked in all summer. sunshine, temperatures in the 100s. upper 90s around baltimore. monday, even on into tuesday. watch the numbers. 92, new york city on tuesday. and 110 in dallas. by tuesday afternoon that would make like day 32 in a row of 100-degree plus heat. and we'll continue to see the heat through the week. showers, thundershowers on radar through parts of new york state. and bigger clusters down through parts of carolinas. they'll continue to roll east. quiet weather basically in the northern tier of the u.s. and some showers and thundershowers across parts of the southeast today, once we get daytime heating. we keep the heat where it's been. >> okay, thank you so much. >>> miracle landing. a jet from new york crashes just short of a deep ravine, and everyone on board survives. jew you'll hear from a passenger. >>> will iran free the two american hikers held in tehran? they heed to their final trial today. >>> and the behind the scene negotiations on capitol hill. why are we seei
of higher than expected receipts, but they're going to have a couple big social security payments and interest payments due, so it's not entirely clear to the markets or to anybody else when treasury will exhaust its reserves. >> annie lowery, economic and business reporter for slate. >>> well, joining me from the hill now illinois republican congressman robert dold who serves on the financial services committee. representative dold, thanks for being here this morning. it's a busy day. >> thanks for having me. i appreciate it. >> i know, sir, that you supported john boehner's plan, but you say you would have voted for it without a budget balanced amendment. why are some of your colleagues saying they need that fully knowing it would not pass the senate? >> the number of my colleagues booef e plea of we have to change the way washington is working, so we've been grossly overspending for a long period of time. it's been happening on both sides of the aisle. it's a clear washington problem. american families have tightened their belt. american businesses have done the same. they shou
. there is -- there aren't that many big differences between the boehner plan and the reid plan other than one critical difference which is under john boehner's plan, we would be right back in this mess right at the holiday season, having this same debate, creating uncertainty in the economy at one of the most critical times for the economy, the holiday season. we don't want to do that. that's the wrong thing to do. that's not just the president's opinion. that's just not the opinion of independent financial analysts. that was actually john boehner's opinion and eric cantor's opinion just a few weeks ago when they were making the same case the president is making. >> true enough, but there is plenty of precedent for short-term debt ceiling limits being raised. aside from ruining all of our holidays, what's the damage in revisiting this six months from now? is the president really, when it comes down to it after the warning from all the big bankers, is he going to veto a short-term increase? >> there are two points. first is we are in a completely different situation now than we have ever been. there ha
depends on how big it it is then when it goes back to the house. >> is there enough time to get it together and actually pass something? >> you know, i think there is in washington time. it doesn't look like there is because of how slow things typically move, but this is very, very real, and when you're scheduling 1:00 a.m. cloture votes, they know the time is ticking. it's 85 hours and counting, and you know, they're going to have to get a deal because they see the consequences, not only economically, but politically. >> okay. as ridiculous as this may sound to some, was there ever a possibility about like a one-page document simply raising the debt ceiling and then dealing with the rest of this stuff when we don't have this, you know, deadline hanging over our heads of august 2nd? >> that's what the house republicans and sort of the tea party caucus would not go along with. remember, that was president obama's original position, raise the debt ceiling separate and then we'll deal with spending cuts later. but that is not being allowed by many in the tea party caucus because fr
? >> quite a big one, contessa. we can report that earlier this morning the house call center the communication arm of the house in charge of all the house telephones sent out an email to members saying quote, due to the high volume of external calls to the house telephone circuits they are near capacity. some members should be receiving busy signals. several house websites crashed specifically that of speaker of the house john boehner. the question is whether or not it will transfer into some sort of change of what the status quo is right now and that really is both sides digging in quite rigidly on their plans. democrats supporting harry reid's plan the $2.7 trillion cut across the board. republicans in favor of john boehner's plan, with an extension of the debt limit. that's where both sides are still very much. >> kristen, let's talk with you about where the white house goes from here. can they capitalize on this? the people are willing to go online -- i had trouble getting on the house website today maybe not correlated to how buzzy things are, certainly with the house ph
a picture for us about how a newspaper like news of the world goes about reporting on such a big story? what the level of the editor, deputy editor, senior reporters would be in putting together and overseeing the story? >> i think any big story. forrer the purpose of process most stories start out with the reporter. and that reporter may be being asked by the news editor to go and investigate a story or they may have brought information about a story from their own contacts to the news editor. it is at that stage in a newspaper where the reporter and news editor discuss the voracity of the information, go out and check the allegations, and come back with a more considered view. you can imagine that every newspaper gets a lot of information to the news desk and only percentage very small percentage makes it actually to publication. there are many layers from reporter to assistant news editor to news editor. finally this story will go to the back bench which will be the people that will oversee the stopping of that story and the subwill often talk to the reporter directly with questions and a
will be raised by next week, but the big question that everybody is asking is how is this going to happen, because it seems that all sides are digging in the heels and the white house continuing to insist that the president would veto a short term plan which is that plan put forth by speaker boehner that is as kelly mentioned would increase the debt ceiling in increments for the first time for six months, and press secretary jay carney, again, today saying that the president would veto that if it made it to his desk, and carney saying that bill would doubtfully pass the senate, but the president said in the remarks last night he does support the plan put forth by reid which would of course, decrease the deficit by $2.7 trillion and raise the deficit through 2012, and here is what press secretary jay carney had to say about the reid plan earlier today. >> it is a legitimate compromise measure. we believe it could pass the senate and the house if folks gave it a fair shake, and we appreciate senator reid putting it forward. the fact that there remains confidence in the world that washington
really big adult moment for the new republican majority and for people who've never been in politics, it's going to be one of those grows moments. it's going to be difficult. i'm certainly well aware of that, but we'll have to find a way to help educate members and help people understand the serious problem that would exist if we didn't do it." john boehner has worked harder and done more than any other republican in the house to, as he put it, educate members and help people understand the serious problem that would exist if we didn't do it. but john boehner's best has not been good enough. he has been elected to the speakership with the votes of economically uneducatable tea party republicans who have no ability to comprehend the seriousness and the necessity of raising the debt ceiling, and so tonight in what john boehner was hoping would be the tea party's "first really adult moment," john boehner has been forced to bring a bill to a vote that he knows is the work of the children in his party, the political peter pans who still, with the united states of america careening towards def
was apparently trying to do, get a big deal in a balanced way. so, that's the good news. again, the details still have to come out and senator durbin, a member of the gang of six said yesterday, they don't have legislative language. the question is, you know, what can be done between now and august 2nd, if anything with the plan or do we need to continue to proceed with a back-up plan, plan b. >> chris, i was going to ask earlier, last hour to steve rattner who was here and suggested if the plan were to go forward, there would have to be a month or two month extension to allow the committee chairman and chairwoman in the house and senate to do their business. this would be the most dramatic reform of entitlement since the reagan era. there would have to be an extension of time for the debt ceiling, would there not? >> i think it's right. we would have to work out some interim arrangement to proceed down that road. again, exactly what the time line would be and that question would remain to be seen. the good news is this provides some additional momentum to the idea of getting something big done.
to continue to spend hundreds of billions of dollars on subs cities for big oil companies, on tax cuts for the rich and on corporation tax loopholes, they are not interested in balanced budgets. they are interested in one thing and one thin only, making the rich much, much richer and making the middle class much, much poorer. that is why you get delay after delay after delay. that is why as the clock runs out instead of meeting in the middle they are lurching further and further to the extreme right wing. >> congressman, i know that -- we've heard political talking points from both sides. at this stage of emergency the american people want to see some action, the president said there is rough agreement between the two parties and likely the democrats and republicans in the senate are going to have to engage in negotiations with joe biden and others. where do you see this negotiation going? is the white house willing to concede a shorter term debt ceiling extension and deal with the two trenches that have been agreed to? where do you see it coming down? >> with all due respect this is n
hoping for a big drenching. think of texas almost like a hot pizza oven and all we did was throw a napkin in it. this storm dissipated faster than almost any storm i've seen before. it didn't even go into the mountains and dissipate, it literally evaporated as it moves over brownsville. you can see it on the satellite imagery. it was the big red blob, and as soon as it got to the dry land in texas, poof. all of a sudden, don was gone. so not good news down there. the storm system is -- what's left of it, circulation is going to head for mexico anyway so it looks like just scattered showers and storms in texas during the day today. we'll take what we can get, but this wasn't the answer we were hoping for. there's not a lot of wet weather on the map, there are showers in missouri, also showers in the northern plains. your forecast for today, rain likely more or less in mexico, not texas. hot weather for dallas once again. warm and sunny in the northeast. as we go into the sunday forecast, we should see a lot of thunderstorms in the midatlantic and monsoonal showers and storms continue aroun
of answers to that. first of all, the size of the debt, the national debt, has grown. it really is big right now, almost as large as the whole economy itself and it hasn't been that way since the end of world war ii. people have been increasingly attempted to use the debt ceiling vote as a political weapon. the democrats did that a few years ago. as a matter of fact, barack obama, when he was a senator, not president, voted against an increase in the debt ceiling for political reasons himself. but when the tea party arrived, they use this vote as an excuse for a kind of building takeover. i'm of the '60s generation, this feels to me like occupying the administration building, okay? that's who the tea party people are. they want to stop the system with a capital "s." they think they are doing the lord's work, literally, in doing so, and that's the problem john boehner had in dealing with them. he didn't have money to give them, instead of giving them pork, because there are no ear marks, he gave them constitutional pork in the form of this vote on the constitutional amendment to balance the b
of the things that aides don't necessarily want to shine a big bright light on. what we have been told is that certainly the senior level staffers who, as you understand, are critically important in that, they do a lot of the heavy lifting in negotiations, so the top man for speaker boehner, top man for majority leader reid have had some communication. it kind of hit a wall when it seemed like there wasn't a heck of a lot left to say until the house sort of worked through this process that we think will come to a head today and kind of the wave, point where it seemed like boehner didn't have the votes then the rejiggering of the plan. aides tell me they think that the new number coming from the congressional budget office scoring the boehner plan, gives some credibility to members because those who were the loudest voices saying they want aides can look at this and say they didn't just try to push it through and ignore the congressional budget office, they went back and tried to fix it and admitted they fell short the first time around. they're hoping that will lend some goodwill to th
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stick with me. we'll take it. go, big money! i mean, go. it's your break, honey. same coverage, more savings. now, that's progressive. call or click today. >>> coming up, is washington broken? former senator chuck hagel, mayor cory booker of newark, representative adam kinzinger, historian doris kearns goodwin and our own andr >>> and we're back with a special roundtable discussion this morning. joining me now, presidential historian doris kearns goodwin, host of msnbc's "andrea mitchell reports," our chief foreign affairs correspondent andrea mitchell, democratic mayor of newark, new jersey, cory booker, former republican senator chuck hagel of nebraska, and joining us for his first appearance on the program, republican congressman adam kinzinger. i didn't mess up the name. >> it's adam kinzinger, but that's all right. >> what'd i say? i'm sorry. >> it is my first time here. >> he was elected in 2010 with the tea party support and served as a captain in the air force, including tours in afghanistan and iraq. congressman, welcome very much. >> thanks. >> happy to have you. and welcom
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a big solution, a grand solution, the president offered that, it was clear that he could have gotten that deal, in my opinion. the first time that he walked away from the deal, and i'm absolutely convinced, having talked to the president, he could have gotten a deal the second time he walked away. the problem is i think his party wants to play politics, his party irresponsibly wants to hold hostage the credit of the united states and every american's credit to politics. hopefully mr. boehnorç will return to his original concept that we ought to have a long-term, get us out of the election era, and what he's always said he wants is stability to businesses can count on our policies. well, he's suggested something absolutely the opposite of what he said is good policy. >> congressman hoyer, i appreciate your semantic correction of what i said about the democrats -- >> schumer said that. >> my point about it, though, is that -- and i think senator schumer's point can also be taken is we have a history here now, going back the last few decades, that the party of responsibility, the part
pundits, there are more people who think they know everything about everything, and that's one of the big differences. that doesn't dismiss or excuse what happened between that exchange that you showed on the tv, but consensus is absolutely essential if we're to move this country along. >> go ahead. >> i'm sorry, i'm a little disgusted and a little angry because i see what's going on every day. we have a situation where the capitol is fiddling itself while the nation capitol is fiddling itself while the nation is burning. grandpare generation, during crisis, during the great depression, we we talk about our grandparents' generation, during crisis, during the great depression, we built the hoover dam, empire state building. and here i see in my cities around america and mine, infrastructure's crumbling around us. in that generation, we said we're going to go to the moon and we're going to do math and science and make sure our kids are prepared to go there. what's happening right now? nations are passing us in droves. over eight different countries now have a higher proportion of students g
to help school systems across this country. why this school system doesn't want that is a big question. that needs to change. >> david mcfarland from the trevor project. thanks for your time. i want to pass along to everyone out there, if you or someone is feeling bullied or at risk of suicide for anyone across the board. it doesn't matter if you are part of the lgbt community. you can call the trevor project lifeline at 866-488-7386. this lifeline is free and confidential. >>> here is an amazing statistic. half of all new jobs since the recession added has been added in one state alone. the state's governor might consider using this employment boost to help his run for the white house. there is the man himself. [ male announcer ] this...is the network -- a network of possibilities. in here, the planned combination of at&t and t-mobile would deliver our next generation mobile broadband experience to 55 million more americans, many in small towns and rural communities, giving them a new choice. we'll deliver better service, with thousands of new cell sites... for greater access to all t
friday, everybody, i'm contessa brewer. the big story we're watching right now, fast moving developments in the showdown other the debt. there are now just four days until the nation goes to the august 2nd debt deadline. this morning president obama pushed congress to find some sort of compromise. >> what's clear now is that any solution to avoid default must be bipartisan. it must have the support of both parties that were sent here to represent the american people. >> right now house speaker john boehner's frantically trying to tweet his stalled bill to get support from conservatives to get it through the house. >> time is presently short and that is an understatement. >> senator majority leader harry reid's tired of waiting. >> i would ask my friends, my republican friends break away from this thing going on in the house of representatives. >> so today reid's going it alone moving forward with his debt plan. it cuts more than $2 trillion in federal spending and extends the
are too high driving companies to -- there are lots of thing. >> i get that. >> to have this big debate in public before there's a crisis. in greece you know, usausterity debates come after. now before the crisis hits, you're saying it's not eminent and have it again in the election year is good. >> we're not addressing our problems. this is the point. do you believe actually that cutting at this time is going to create jobs? i mean, that's the crisis. there is, in fact, a crisis that's going on right now. >> taxes at this point -- >> there are people across this country without work. peel under incredible economic stress right now. that's the crisis. there is a crisis. >> lowering tax rates at this time will create jobbed. >> right now there's a -- just if we could introduce the fact here, right now the federal tax take is at 15% gdp. that is incredibly -- hang on. hang on. so that is incredibly low. it's incredibly low by global standards. >> yeah. >> industrialized countries, incredibly low by u.s. historical standards. >> 6070 years. >> to have an argument in which the core premise
a 67% spike in companies embracing the cloud-- big clouds, small ones, public, private, even hybrid. your data and apps must move easily and securely to reach many clouds, not just one. that's why the network that connects, protects, and lets your data move fearlessly through the clouds means more than ever. >>> i'm with your krpt nx market wrap. another batch of updeceit earnings not enough to offset dismal economic numbers and lingering fears about the debt debac debacle. the dow jones industrial tumbling. and absolutely dangerous, how one investor described the atmosphere on wall street today telling cnbc the problem is the market reacts to two thing. greed and fear. right now there's no greed in the air, only fear. a lot of that fear based on the ongoing debate in washington over raising the debt ceiling and cutting the deficit. aps an anemic reading on gdp growth, weaker than expected 1.3% while first quarter numbers were prevised to lower to a paltry 0.4%. over a rough week for the market. all major indices giving up between 3.5 and 4.5%. that's it from cnbc, first in business
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